{"id":268558,"date":"2026-05-12T21:34:07","date_gmt":"2026-05-12T21:34:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/268558\/"},"modified":"2026-05-12T21:34:07","modified_gmt":"2026-05-12T21:34:07","slug":"jacksonville-the-worst-large-housing-market-in-the-nation-thats-what-a-recent-study-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/268558\/","title":{"rendered":"Jacksonville the worst large housing market in the nation? That\u2019s what a recent study says"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">JACKSONVILLE, Fla. \u2013 Jacksonville has been ranked the worst large housing market in the country in a new national real estate analysis, with several other Florida cities also landing near the bottom of the list.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The <a href=\"https:\/\/constructioncoverage.com\/research\/hottest-real-estate-markets-us\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/constructioncoverage.com\/research\/hottest-real-estate-markets-us\">report<\/a> from Construction Coverage analyzed housing markets across the United States using factors including home price growth, bidding competition and the amount of time homes spend on the market. The data used in this analysis is from Redfin\u2019s <a href=\"https:\/\/www.redfin.com\/news\/data-center\/\" target=\"_blank\" rel=\"nofollow noopener\">Data Center<\/a>.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Jacksonville ranked last among large cities with a composite score of 16. Tampa ranked third worst, while Miami also appeared among the bottom-performing large housing markets. No Florida city made the list of top-performing markets.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The analysis also ranked Florida among the weakest states for housing market performance, earning a score of 7.8 \u2014 trailing only Texas.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Despite the rankings, some local real estate professionals say the data does not fully reflect what they are seeing in Northeast Florida.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cI don\u2019t know where these headlines come from, to be quite honest with you,\u201d said Laila Hassan, a real estate advisor with Christie\u2019s International Real Estate. \u201cChristie\u2019s International has broken records every month since January.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Hassan said her brokerage closed more than $105 million in sales in a single month, while she personally closed nearly $16 million during that same period.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">She said well-maintained homes are still selling quickly, especially properties without prior flooding or insurance-related issues.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cIf the home is the right home, if it\u2019s well taken care of, there haven\u2019t been any insurance claims or issues, I still see those homes moving pretty quickly,\u201d Hassan said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Still, Hassan acknowledged today\u2019s buyers are far more selective than they were during the height of the pandemic housing boom.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cThey are 100% pickier,\u201d Hassan said. \u201cThey are not going to put their money into a home that has had issues.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">She said affordability may also be contributing to Jacksonville\u2019s low ranking.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cYou used to be able to make $50,000 and buy a $350,000 home,\u201d Hassan said. \u201cNow that same home is $500,000 and you\u2019ve got to make $120,000 to qualify for that home.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">According to the Northeast Florida Association of Realtors, the average home in the Jacksonville area is currently selling for about $390,000.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Hassan advised buyers to focus on homes in move-in ready condition and urged sellers to make sure their homes are prepared for a more competitive market.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cWhat I would say to the buyer, look for homes that are in perfect condition,\u201d Hassan said. \u201cAnd then for the sellers, I would make sure that your home is very ready for today\u2019s market.\u201d<\/p>\n<p>Copyright 2026 by WJXT News4JAX &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE, Fla. \u2013 Jacksonville has been ranked the worst large housing market in the country in a new&hellip;\n","protected":false},"author":2,"featured_media":225379,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1039,116,118,117],"class_list":["post-268558","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-duval-county","tag-jacksonville","tag-jacksonville-headlines","tag-jacksonville-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/268558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=268558"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/268558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/225379"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=268558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=268558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=268558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}